The foundation left behind by the failed Chicago Spire project will soon be covered as vertical construction on the first phase of Related Midwest's massive two-tower residential development gets underway. Crain’s commercial real estate reporter Rachel Herzog talks about the plans for the Lake Shore Drive construction site with host Amy Guth. Plus: Illinois' ban on "bump stocks" remains in place despite U.S. Supreme Court decision, whistleblower says Boeing lost hundreds of bad 737 parts, feds w...
Jun 18, 2024•25 min•Ep. 1084
Violence intervention groups are expanding around Chicago, with help from private and public funding. Crain’s reporter Corli Jay talks about the efforts with host Amy Guth. Plus: Ed Burke seeks sentencing delay, FAA probes suspect titanium used in Airbus and Boeing jets, NinjaTrader CEO sees surge in futures trading as tech draws in younger users, bank leaders say real estate pain is still confined to office and a senate bill would jail private-equity execs for health care "looting." Hosted by S...
Jun 17, 2024•22 min•Ep. 1083
Abortion bans are driving demand for medical residency programs in states like Illinois. Crain’s health care reporter Katherine Davis joins host Amy Guth to discuss the national trend among fledgling doctors looking to gain full accreditation. Plus: Tempus IPO raises $410 million, at top of the range; CTA, Metra and Pace mull day pass for all 3 systems; Northwestern AD who oversaw department beset by scandal stepping aside; Crain’s Fast 50 list of Chicago’s fastest growing companies returns; and...
Jun 14, 2024•24 min•Ep. 1082
Crain's residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local market, including a troubled Frank Lloyd Wright row house that’s found a rescuer and two homes for sale for the first time in roughly a century. Plus: Coach houses and granny flats could soon be allowed citywide, startup Tegus to be acquired for $930M by Trott-backed rival, judge dismisses Madigan-related whistleblower suit against St. Anthony and a city panel approves subsidies for Loop office...
Jun 12, 2024•46 min•Ep. 1081
Crain’s researcher Sophie Rodgers joins host Amy Guth to discuss how medical debt weighs on Chicagoans, even when they're insured . Plus: Chicago weighs up to $3 billion of debt for O'Hare upgrades, Bally's Chicago bounced back in May after a tough April, Boeing delivered 24 jets in May as China compounds 737 Max woes, unfinished school next to St. Regis goes up for sale and Chicago takes home one win at the James Beard Awards. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for in...
Jun 11, 2024•33 min•Ep. 1080
Congress continues to circle around Northwestern, recently threatening the school with a subpoena for impeding its investigation following President Michael Schill’s appearance on the Hill. Crain’s education reporter Brandon Dupré discusses with host Amy Guth. Plus: Biz leaders give Pritzker, legislators solid marks after spring session; Walgreens shelves plans for Boots IPO; United is making a digital-advertising push; and Hancock tower observation deck operator buys Signature Room space. Hoste...
Jun 10, 2024•27 min•Ep. 1079
Chicago steakhouses and other high-end restaurants are increasingly implementing dress codes , establishing a new generation of attire requirements in a city that has long sought to curate its fine-dining scene. Reporter Ally Marotti talks about the move, and specific concerns that come with it, with host Amy Guth. Plus: Zurich North America offloads big part of Schaumburg HQ to Wheels; Chicago has third-most Fortune 500 companies in the U.S.; American Dental Association finalizes HQ sale to Lur...
Jun 07, 2024•31 min•Ep. 1078
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local market, including Chicago’s sagging downtown home prices and a lawsuit that claims Evanston's reparations program is unconstitutional . Plus: Foxtrot stores will start reopening this summer, Blue Cross parent shedding big office block in East Loop HQ, United throttles back hiring but still is adding thousands of Chicago jobs and Congress expands Northwestern probe over antisemitism. Hosted b...
Jun 05, 2024•52 min•Ep. 1077
One of the U.S. senators investigating private equity’s push into health care is now targeting Ascension Illinois over its move to outsource some hospital staff. Crain’s health care reporter Katherine Davis discusses with host Amy Guth. Plus: IBM eyes a quantum computing play in Chicago, South Loop apartment tower handed over to lender, investor weighing sale of Oak Street retail corner and Boeing 737 deliveries to China still halted amid restart reports. Hosted by Simplecast, an AdsWizz company...
Jun 04, 2024•21 min•Ep. 1076
Amid declining sales, many craft brewers have turned to hemp-derived THC drinks, which just avoided tighter restrictions in the General Assembly despite cannabis companies' lobbying efforts. Crain's consumer products reporter Ally Marotti discusses with host Amy Guth. Plus: Waste Management agrees to buy Stericycle in $7.2B deal, Boeing executives unlikely to be charged for 737 Max crashes, Deere to cut some salaried workers, Fulton Market apartment building set for hotel conversion and Rivian C...
Jun 03, 2024•19 min•Ep. 1075
A last-minute measure tucked in the Illinois budget meant to give retailers a break is infuriating airlines and credit card companies. Crain’s politics reporter Leigh Giangreco discusses the provision with host Amy Guth. Plus: Michigan Avenue office landlord hit with $29 million foreclosure lawsuit, Oberweis Dairy sold in bankruptcy auction, FAA vows to maintain scrutiny on Boeing, why Amazon now owns a big slice of Grubhub and Columbia College Chicago lays off 70 staffers amid budget crisis. Ho...
May 31, 2024•22 min•Ep. 1074
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how Chicago-area home prices have doubled since 2000 and the median price of homes sold hit a new record in April, even surpassing the usual peaks in summer months. Plus: After working through the night, state lawmakers finalize $53.1 billion budget; CPS releases schools budget under new funding formula as $391M deficit looms; local investor buys distressed offices ...
May 29, 2024•45 min•Ep. 1073
Newly released West Loop assessments hint at Fritz Kaegi’s rosier view of downtown offices . Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about the first batch of numbers that point to what the Cook County assessor thinks happened with downtown office building values over the past three years. Plus: A look at the new concourse coming to O'Hare, medical waste disposal firm Stericycle is exploring a sale, T-Mobile buying U.S. Cellular assets in $4.4 billion deal and...
May 28, 2024•28 min•Ep. 1072
Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about recent bankruptcies and closures, including those of Oberweis Dairy , Red Lobster and the parent company of Foxtrot and Dom’s Kitchen & Market . Plus: West Loop assessments show Kaegi's rosier view of downtown offices, change comes to the Duchossois dynasty, condo board terminates $96 million deal to sell Loop tower, Lettuce Entertain You bringing two new concepts to River North and Lagunitas reports layoffs ...
May 24, 2024•26 min•Ep. 1071
Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from around the local housing market, including the second-highest sale price of 2024 and multimillion-dollar Highland Park condos attracting empty-nesters from downtown. Plus: LanzaJet lands $20 million as its green jet fuel prepares for takeoff, Lurie out of the woods after cyberattack, developers propose nearly 1,800 apartments for Fulton Market and Wilson Sporting Goods gives Caitlin Clark a signature bas...
May 22, 2024•41 min•Ep. 1070
From prosecutors to legal coaches for protesters, preparations are underway for the Democratic National Convention this summer in Chicago. Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about lawyers making the rounds with protesters and plans from various agencies, including the Cook County State’s Attorney’s Office. Plus: Legislature looks at tax breaks for quantum computing; WeWork shuttering Fulton Market location, keeping others in Chicago; Tempus, Chicago's biotech darl...
May 21, 2024•26 min•Ep. 1069
The Justice Department has taken initial steps in the formal process to reschedule marijuana as a less dangerous drug. Crain’s cannabis reporter John Pletz talks with host Amy Guth about what the move would mean for the bottom line of Chicago cannabis companies. Plus: Johnson hints at a new tax on professional services, major construction at O'Hare won't start till next year, developer unveils renderings for $1.1 billion project near casino site and Crain's brand-new list of top architecture fir...
May 20, 2024•24 min•Ep. 1068
Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the best new spots for lunch, dinner or drinks downtown. Plus: Chicago won't give up nearly $50 million it's owed under Bears proposal, United Airlines says FAA has lifted operational freeze in safety review, ING says airfares can only keep rising due to supply chain problems, overhaul of Lincoln Park shopping center could include 500-unit apartment tower and Mondelez faces shareholder vote on human rights in Russia. Hosted...
May 17, 2024•38 min•Ep. 1067
Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including sellers facing the reality of a downtown condo slump while other luxury markets soar. Plus: Museum of Science & Industry finally rebrands under Ken Griffin's name, McDonald's sells $1 billion of bonds as debt set to mature, Justice Department finds Boeing breached prosecution deal over Max crashes, owner of River North apartments gets $19 million refinancing, and F...
May 15, 2024•44 min•Ep. 1066
One year into his mayorship, Brandon Johnson touts he's built inroads with Chicago's business community. Crain’s politics reporter Justin Laurence and host Amy Guth recap his time in office up to now and look ahead at headwinds awaiting him in year two. Plus: Kraft Heinz explores a sale of Oscar Mayer; airlines, including United, sue Transportation Department over fee-disclosure rules; big LaSalle Street tenant eyes move to Wacker Drive; and Chicago's largest public companies list sees a shake-u...
May 14, 2024•26 min•Ep. 1065
With new leadership, a more diverse board and the lifting of the governor's freeze-out, the City Club of Chicago has a new lease on life. Crain's political columnist Greg Hinz talks with host Amy Guth about how the public affairs discussion group could be getting its mojo back. Plus: Trump may owe $100 million from double-dip tax breaks on Chicago tower, Chicago Fed chief says not much evidence of inflation stalling out, Oak Brook office landlord hit with $25 million foreclosure lawsuit, T-Mobil...
May 13, 2024•22 min•Ep. 1064
Congress has called on Northwestern University President Michael Schill to testify amid calls for his ouster . Crain’s education reporter Brandon Dupré talks with host Amy Guth about the situations on Northwestern and other Chicago university campuses over the Israel-Hamas war. Plus: FAA oversight of United Airlines to be audited by watchdog; Ascension reports cybersecurity incident, possible data breach; investors testing the market with big suburban apartment listings; and one out of every 22 ...
May 10, 2024•25 min•Ep. 1063
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a big idea behind a little house , how low mortgage rates factor into the job market and more. Plus: Legalizing video gambling in Chicago could come with a major hitch; claiming fraud, lender sues migrant shelter landlord; Rivian's first-quarter net loss widens to $1.45 billion; and Foxtrot assets to be sold at auction. Hosted by Simplecast, an AdsWizz company. See ...
May 08, 2024•50 min•Ep. 1062
The state of Illinois is closing in on what it believes could be the biggest technology project in state history: a $20 billion quantum-computing campus. Crain's reporter John Pletz discusses with host Amy Guth. Plus: Congress calls on Northwestern University president to testify; UChicago Medicine residents overwhelmingly vote to form union; Boeing faces a new FAA probe — this time of Dreamliner production; and changes expected for the City Club. Hosted by Simplecast, an AdsWizz company. See pc...
May 07, 2024•23 min•Ep. 1061
Following layoffs and compensation cuts, Moody's downgraded Duly Health & Care for "deteriorating" performance. Crain's health care reporter Katherine Davis talks with host Amy Guth about the private-equity-backed physicians group's financial outlook. Plus: Airlines and City Hall reach agreement on O'Hare revamp, Illinois awards 35 new pot-shop licenses, offices near O'Hare with little vacancy hit the market and Endeavor Health posted $470 million surplus last year. Hosted by Simplecast, an ...
May 06, 2024•26 min•Ep. 1060
The embattled Chicago Transit Authority is taking another hit from Springfield, this time from a bill that would dramatically change the face of mass transit around the city and who controls it. Crain's political columnist Greg Hinz discusses the issue with host Amy Guth. Plus: A deal to restore peace at Northwestern is sparking more friction, mostly empty former Salesforce office property hits the market, owner of homeless shelter near Mag Mile files for bankruptcy amid foreclosure suit, and Ri...
May 03, 2024•26 min•Ep. 1059
Small Midwestern cities dominated the latest list of hot home markets , with Rockford at the top. Crain’s residential real estate reporter Dennis Rodkin explains the phenomenon to host Amy Guth. Plus: The impact of rescheduling marijuana, Walgreens stock lashed, Loop office tower owner hit with $276 million foreclosure lawsuit and Jewish groups, including the Anti-Defamation League, call for President Schill's ouster at Northwestern. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com ...
May 01, 2024•39 min•Ep. 1058
Another gunshot detection company is looking for a way in with the city. Crain’s politics reporter Leigh Giangreco and host Amy Guth discuss ShotSpotter’s uncertain fate in Chicago. Plus: Peeling back the sticker price on Bears stadium reveals even more costs, Foxtrot and Dom’s suppliers face fallout from abrupt closures, three Chicago-area bridges among the most vulnerable in the U.S. and American dropping some global flights on Boeing 787 delays. Hosted by Simplecast, an AdsWizz company. See p...
Apr 30, 2024•25 min•Ep. 1057
The Chicago Bears are angling for a large cut of revenue from events under their new stadium plan. Crain’s reporters Danny Ecker and Justin Laurence talk with host Amy Guth about the team’s proposed vision for its reimagined lakefront home. Plus: Lawmakers propose unifying CTA, Metra and Pace; Mayor Johnson eyes legalizing video gaming in Chicago; Boeing credit outlook gets gloomier as Fitch also turns negative; and slow work authorizations frustrate new asylum-seekers and industry leaders alike...
Apr 29, 2024•46 min•Ep. 1056
Crain's retail reporter Ally Marotti talks with host Amy Guth about the abrupt closure of Foxtrot and Dom’s Kitchen & Market. Plus: Bears angling for huge cut of cash-flow pie at new stadium — including concerts; Walgreens launches gene, cell therapy pharmacy business; Boeing prosecutors aim to decide on criminal charge over Max crashes by June; and Art Institute defends its ownership of artwork prosecutors say was stolen during the Holocaust. Hosted by Simplecast, an AdsWizz company. See pc...
Apr 26, 2024•39 min•Ep. 1055
